American Clean Resources Group (OTCMKTS:SMPR) Shares Cross Below 50 Day Moving Average – Here’s Why

American Clean Resources Group, Inc. (OTCMKTS:SMPRGet Free Report)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $5.47 and traded as low as $3.00. American Clean Resources Group shares last traded at $10.00, with a volume of 1,434 shares.

American Clean Resources Group Stock Up 14.4%

The company has a market capitalization of $26.74 million, a price-to-earnings ratio of -28.57 and a beta of -0.25. The business has a 50-day moving average price of $5.47 and a 200-day moving average price of $3.22.

About American Clean Resources Group

(Get Free Report)

American Clean Resources Group, Inc (OTCMKTS:SMPR) operates as a renewable energy and biomass thermal fuels company in the United States. The company’s primary business involves converting organic waste streams—such as dairy and livestock manure—into pipeline-quality renewable natural gas (RNG) through high-solids anaerobic digestion technology. This RNG is then supplied to utilities and industrial customers seeking to decarbonize operations and comply with emerging low-carbon fuel standards.

Beyond biogas production, American Clean Resources Group manufactures and distributes biomass thermal fuels, including wood pellets and specialty briquettes, for residential, commercial, and industrial heating markets.

Read More

Receive News & Ratings for American Clean Resources Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Clean Resources Group and related companies with MarketBeat.com's FREE daily email newsletter.